1 ts On January 1, 2021. Canseco Plumbing Fixtures purchased equipment for $52,000. Residual value at the end of an estimated four-year service life is expected to be $4,000. The company expects the equipment to operate for 12,000 hours. The equipment operated for 3,300 and 4,100 hours in 2021 and 2022, respectively, Required: a. Calculate depreciation expense for 2021 and 2022 using straight-line method. b. Calculate depreciation expense for 2021 and 2022 using double-declining-balance method. c. Calculate depreciation expense for 2021 and 2022 using units-of-production using hours operated. Ekipped eBook Complete this question by entering your answers in the tabs below. Print Required A Required B Required Calculate depreciation expense for 2021 and 2022 using straight-line method. Straight Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Formula Depreciation Expense Amounts Depreciation Expense 2021 2022 Required >